CFD
Sugar#11 watch for double bottom pattern
Hello Traders.
We already had an impulse on Sugar#11 couple of weeks ago,
I'm expecting that that the price actions will continue to push higher.
Trade with care,
Not an investment advice.
Best Regard
But what if?Broken through support and will probably close below it at this point.
Massive sell-off.
Bears are still in control but what if 50.00 is a good support? Is this a false breakout?
I'll look for selling opportunities as it retraces to 50.00 or 54.00 but I'd need to see a good reason to keep selling when it looks like this trend is running starting to slow down.
EXXARO at 2 support levelsThe price has come down steadily to test the rising trend support at around 126.00. However, there a small horizontal support at 124.00 that is a stronger buy. The stock is extremely over-sold at current levels but it does leave the door open for price capitulation. The play here is to wait for a green candle and then buy for a relief rally.
Gold Future breakout from falling wedgeAfter G20 meeting and outcomes related to pause of trade war between US and China brings Dollar index to cool down from High level.
Technically Gold future continuous contract breakout from falling wedge pattern and to consider this breakout and price forecast it can rise up to $1261-$1266.
Now $1222-$1224 act as support.
OIL, Sell near $52.I will open Sell near $52
If the price will make fake broke of $52
Reasons:
- Long-Term trend is still bearish
- Price can make a retest of $49
- Most of the time the price makes a retest of such places.
Sembcorp Ind took support may form Double Botton After Weak earning stock fall sharply and made low around 2.60.To consider downtrend is over stock have to close and trade above Level of 2.72.
All major Exponential Moving Averages are still pointing downwards. Fresh Down ward momentum picks up when stocks close below 2.60 and open downward trajectory till 2.50
Gold (XAU/USD), trading plan on next week. I will Open buy near $1212 - $1215
Goals $1233 and $1260
reasons: Price broke up mirror level, D1 close above it.
It is better to open entry after a pullback to minimize your risk and make potential profit bigger.
SOYBEANS BUY (SOYBEANS – US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
PHLX OIL SERVICE SECTOR BUYHi there. Bigger time frame, bigger the opportunity. Price is forming a continuation pattern to the upside and a reversal pattern at the bottom of the bigger pattern. We may see a big move to the upside soon. This is a longer term trade.
NATURAL GAS SELL (NATURAL GAS – US DOLLAR)Hi there. Price is moving impulsively to the downside and currently is forming a continuation pattern to the downside. Wait for the price to complete the pattern that it’s forming and watch strong price action for sell.
WHEAT SELL (WHEAT – US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
SUGAR BUY (SUGAR – US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Australia 200 Short IdeaNear 5922 I will open a Sell
I think the price will continue down move because long-term trend is broken and turned into a bearish month ago. Also, on the chart, we can see how the price bounced so many times from key level 5943 on Daily chart. It's the best signal that big players protect that level and near that level, we have a low and predictable risk.
Short near: 5922 goal:5778
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VNOM waiting for BreakoutWall Street expects a year-over-year increase in earnings on higher revenues when Viper Energy Partners (VNOM) reports results for the quarter ended September 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 23, 2018, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This oil and gas company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of +70.8%.
Revenues are expected to be $77.18 million, up 81.5% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 0.46% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
